"The received information will
allow authorities to be more efficient when combating various manifestations of
shadow economy," points out the prime minister.

Dombrovskis reminds that, according
to the latest assessment of Latvia's competitiveness, shadow economy poses a
significant threat to Latvia's competitiveness, therefore it is necessary to
particularly focus on combating it. Moreover, January-March budget revenue and
independent studies indicate that the share of shadow economy in Latvia tends
to decrease.

"I expect that the
government's decisions to reduce consumption and labor tax rates will serve as
an additional stimulus for companies and individuals to return to legal
economy," says the prime minister.

122,377 personal property
declarations have been registered as of June 13, reports the State Revenue
Service.

Creativity as an answer to our futureIn predicting the future, creativity becomes an important value. It is creativity that changes the world around us so quickly that forecasting is limited by a few years. Are there any chances for a long-term social-economic prognosis?